NEW YORK--(BUSINESS WIRE)--
General American Investors Company, Inc., a closed-end investment company listed on the New York Stock Exchange (GAM), filed with the U.S. Securities and Exchange Commission (SEC) its Certified Shareholder Report (Form N-CSR) for the six month period ended June 30, 2020. The Form N-CSR contains the Company’s June 30, 2020 Semi-Annual Report and is available at the SEC’s website: and the Company’s website: . The Semi-Annual Report is expected to be mailed to stockholders shortly.
The Semi-Annual Report indicates that as of or for the six months ended:
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6/30/20 |
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6/30/19 |
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Net Assets Applicable to Common Stock |
$949,029,117 |
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$1,057,455,839 |
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Net Assets Per Common Share |
$38.51 |
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$42.33 |
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Net Investment Income |
$3,590,316 |
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$4,770,343 |
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Per Share |
$0.15 |
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$0.19 |
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Net Loss/Gain on Investments |
($126,796,012) |
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$194,978,202 |
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Per Share |
($5.11) |
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$7.85 |
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Common Shares Outstanding |
24,644,062 |
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24,978,532 |
* |
After dividends and distributions of $2.45 per share paid in December 2019. |
The largest stock holdings in the Company’s portfolio as of June 30, 2020, included: Microsoft, Republic Services, Amazon, ASML Holding, and Alphabet.
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